5501 Central Ave Indianapolis, IN 46220
Meridian Kessler NeighborhoodEstimated Value: $494,374 - $521,000
2
Beds
1
Bath
1,537
Sq Ft
$330/Sq Ft
Est. Value
About This Home
This home is located at 5501 Central Ave, Indianapolis, IN 46220 and is currently estimated at $507,687, approximately $330 per square foot. 5501 Central Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Robert Lee Frost School 106, and Charles Warren Fairbanks School 105.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 26, 2022
Sold by
Miles Roger R
Bought by
Higbee Steven and Higbee Halle B
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$307,975
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$199,712
Purchase Details
Closed on
Jan 21, 2022
Sold by
Miles Roger R
Bought by
Higbee Steven and Higbee Halle B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$307,975
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$199,712
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Higbee Steven | -- | Holland James G | |
| Higbee Steven | $429,000 | Holland James G |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Higbee Steven | $336,000 | |
| Closed | Higbee Steven | $336,000 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $13,295 | $559,200 | $97,200 | $462,000 |
| 2023 | $13,295 | $552,300 | $97,200 | $455,100 |
| 2022 | $6,369 | $552,300 | $97,200 | $455,100 |
| 2021 | $5,822 | $244,300 | $63,600 | $180,700 |
| 2020 | $5,626 | $235,100 | $63,600 | $171,500 |
| 2019 | $5,827 | $239,300 | $63,600 | $175,700 |
| 2018 | $5,681 | $231,200 | $63,600 | $167,600 |
| 2017 | $4,734 | $215,000 | $63,600 | $151,400 |
| 2016 | $4,646 | $215,700 | $63,600 | $152,100 |
| 2014 | $4,324 | $473,400 | $63,600 | $409,800 |
| 2013 | $8,769 | $421,800 | $63,600 | $358,200 |
Source: Public Records
Map
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